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Rachel Welch

02 October 2022 122 Read Blockchain

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What is a Crypto Block Explorer?

Blockchain explorers provide users with a way to track the activity on the blockchain. These tools allow users to monitor the balances of their wallets, view recent transactions, and research past transactions. These tools work by pulling data from a node and structuring it into searchable tables. Some of these databases are public, while others are private.

Using a block explorer is useful for tracking criminal activity. It also allows users to predict the price of cryptocurrencies. Block explorers can show data on transactions, block data, and transaction hash. Users can even search for a particular transaction by the hash, instead of using their private key address.

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